Wednesday, August 13, 2014

Now that the Dow Jones has started the 'correction' after 'the most unloved bull market in history', you will get the Dr Dooms come out of the woodwork. After last Friday's  drop in the DJIA, Bloomberg will interview such Doomsdayers like Mark Faber, who duly went on to espouse his (continuously espoused view or opinion that the market will fall 10 to 20%) view that the "Dow will fall 10 to 20% this Fall"

But I tell you my opinion of what has gone by that this is the "greatest bull market in history". Look at the % returns from stocks like TALAMT... Leave the predictions to the experts, follow the trend to make some monty...

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"There is the plain fool who does the wrong thing at all times anywhere, but there is the Wall Street fool who thinks he must trade all the time."J Livermore Manchester City FCl Crude Palm Oil

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From Dragons and Bulls by Stanley Kroll
Introduction and Foreword
The Importance of an Investment Strategy
5 The Art of War, by Sun Tau (circa 506 BC) and The Art of Trading Success (circa AD 1994)
That's the way you want to bet
Long-term v Short term trading
Technicals v Fundamentals
Perception v Reality
Part 1: Winners and Losers
Part 2: Winners and Losers
Sun Tzu: The Art of War
Those who tell don't know, those who know don't tell
Why there is no such thing as a "bad market"
The Secret to Trading Success
The Experts, do they know better?
Risk control and money management
Larry Hite: The Billion Dollar fund Manager
Systems Trading:Kroll's Suggested Method
Buy the Strength Sell the Weakness
Good advice
The 'good bets' business by Larry Hite
Don't lose your shirt
Ed Sykota's secret trend trading system